Otonomos

TOKEN2049 is the biggest crypto event in the world. 🌏 And the biggest main event deserves the best side one. Last Friday in Singapore, we delivered: Basketball Pick Up Game, a court full of crypto hoopers, and the partners who made it happen. 🏀 Let’s introduce them. 👇

The scariest thing in a Web3 raise isn’t the term sheet. It’s one entity doing two jobs. 🎃 Your equity and your token should never share a legal wrapper. Two reasons: 1️⃣ Regulatory: issuing a token from the same entity that writes your code and pays your AWS bill invites exactly the scrutiny a securities regulator is built to apply. 2️⃣ Litigation: if the equity company and the token vehicle are entangled, a bad outcome on one side drags the other down with it. The template: equity goes into an entity investors already trust by habit (Delaware C-Corp first). The token gets its own special-purpose vehicle, with BVI as the usual default and Panama as a credible second. And please, vest your team. A one-year cliff and four-year vest is the convention #Web3 too often skips, and then the token pops and some of your best people quietly leave. @hanverstraete walks @koups87 through all of it in Episode 1 of the Otonomos Podcast. 🎙️ youtu.be/X21f9WmxSk4

Crypto Hedge Fund: 2026 Update 📈 Roughly half of the world’s crypto hedge funds are domiciled in one place. The rules there changed, and most of what you’ll read online hasn’t caught up. In 2020, most crypto funds in Cayman ran as light-touch “Section 4(4) exempted funds”: no CIMA registration, capped at 15 investors. That lane is gone. What it looks like now: 🔵 Every Cayman open-ended fund registers with CIMA, at roughly US$5,000 for the initial and annual registration 🔵 Cayman finalised its first statutory framework for tokenised funds in April 2026 (@CaymanFinance) 🔵 BVI holds the number two spot with around 13% of crypto fund domiciles, with an Incubator Fund capped at 20 investors and US$20M AUM, and an Approved Fund at US$100M 🔵 Custody grew up: @DigitalAssets, @BitGo and @Anchorage are now the names your investors’ compliance teams already know how to underwrite, and two of them picked up OCC national trust bank charters Legal documentation is the line that surprises people. Market rates for a Cayman fund’s offering documents run US$25,000 to US$75,000, and second-tier counsel does this job perfectly well. Crypto fund law is its own specialty, and firms like @CFM_LLP built practices around it. And the tokenised fund? Most managers who seriously consider tokenising their fund’s shares talk themselves out of it. An instant exit sounds investor-friendly until your token trades at a discount to NAV that has nothing to do with your performance. If you’ve been trading crypto successfully, you already have the edge most legacy managers don’t. What they have and you don’t, still, is a fund. 🧩 The full guide, Cayman vs BVI, custody, fees and redemptions: helpdesk.otonomos.com/docs/h…

3/ Token Issuance Your equity and your token should never share an entity. Why that matters before your pre-sale. 🪙 youtu.be/X21f9WmxSk4